Based on the findings of a recent analysis conducted by human resources consultancy firm Aon Hewitt, half of 401(k) investors using target-date funds may be using them wrong. What exactly are people getting wrong when it comes to target-date funds? They “spread their dollars across other investments available to them in their plans” rather than using the target-date fund – meant to be an “all-in” vehicle – exclusively. How can investing only some of your 401(k) savings in target-date funds have a negative impact on your retirement savings? CLICK HERE to find out.
